Calamos Opportunistic Value Fund Quote

CVAAX Fund  USD 19.45  0.17  0.88%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 20

 
High
 
Low
Low
Calamos Opportunistic is trading at 19.45 as of the 23rd of April 2024; that is 0.88% increase since the beginning of the trading day. The fund's open price was 19.28. Calamos Opportunistic has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Calamos Opportunistic Value are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of January 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The fund invests primarily in U.S. equity securities. Its portfolio may include securities of well-established companies with large market capitalizations as well as small, unseasoned companies. The funds investment adviser generally defines a large cap company to have a market capitalization in excess of 25 billion and a mid-sized company to have a market capitalization greater than 1 billion, up to 25 billion. More on Calamos Opportunistic Value

Moving together with Calamos Mutual Fund

  1.0CVAIX Calamos OpportunisticPairCorr
  1.0CVACX Calamos OpportunisticPairCorr
  0.99CVGRX Calamos GrowthPairCorr
  0.99CVGCX Calamos GrowthPairCorr
  0.95CVLOX Calamos Global GrowthPairCorr
  0.91CVSIX Calamos Market NeutralPairCorr

Calamos Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Calamos Opportunistic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Calamos Opportunistic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationCalamos Funds, Large Growth Funds, Large Blend Funds, Large Blend, Calamos, Large Growth, Large Blend (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date1st of March 2023
Fiscal Year EndOctober
Calamos Opportunistic Value [CVAAX] is traded in USA and was established 23rd of April 2024. Calamos Opportunistic is listed under Calamos category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Calamos family. This fund currently has accumulated 46.1 M in assets under management (AUM) with no minimum investment requirementsCalamos Opportunistic is currently producing year-to-date (YTD) return of 6.74%, while the total return for the last 3 years was 7.16%.
Check Calamos Opportunistic Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Calamos Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Calamos Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Calamos Opportunistic Value Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Calamos Opportunistic Value Mutual Fund Constituents

MSFTMicrosoftStockInformation Technology
KOThe Coca ColaStockConsumer Staples
JNJJohnson JohnsonStockHealth Care
VZVerizon CommunicationsStockCommunication Services
PFEPfizer IncStockHealth Care
TATT IncStockCommunication Services
CVXChevron CorpStockEnergy
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Calamos Opportunistic Target Price Odds Analysis

Based on a normal probability distribution, the odds of Calamos Opportunistic jumping above the current price in 90 days from now is about 70.26%. The Calamos Opportunistic Value probability density function shows the probability of Calamos Opportunistic mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Calamos Opportunistic has a beta of 0.9577 suggesting Calamos Opportunistic Value market returns are sensitive to returns on the market. As the market goes up or down, Calamos Opportunistic is expected to follow. Additionally, calamos Opportunistic Value has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 19.45HorizonTargetOdds Above 19.45
29.35%90 days
 19.45 
70.26%
Based on a normal probability distribution, the odds of Calamos Opportunistic to move above the current price in 90 days from now is about 70.26 (This Calamos Opportunistic Value probability density function shows the probability of Calamos Mutual Fund to fall within a particular range of prices over 90 days) .

Calamos Opportunistic Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Calamos Opportunistic market risk premium is the additional return an investor will receive from holding Calamos Opportunistic long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Calamos Opportunistic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Calamos Opportunistic's alpha and beta are two of the key measurements used to evaluate Calamos Opportunistic's performance over the market, the standard measures of volatility play an important role as well.

Calamos Opportunistic Against Markets

Picking the right benchmark for Calamos Opportunistic mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Calamos Opportunistic mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Calamos Opportunistic is critical whether you are bullish or bearish towards Calamos Opportunistic Value at a given time. Please also check how Calamos Opportunistic's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Calamos Opportunistic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Calamos Mutual Fund?

Before investing in Calamos Opportunistic, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Calamos Opportunistic. To buy Calamos Opportunistic fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Calamos Opportunistic. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Calamos Opportunistic fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Calamos Opportunistic Value fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Calamos Opportunistic Value fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Calamos Opportunistic Value, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Calamos Opportunistic Value?

The danger of trading Calamos Opportunistic Value is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Calamos Opportunistic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Calamos Opportunistic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Calamos Opportunistic is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calamos Opportunistic Value. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Calamos Opportunistic information on this page should be used as a complementary analysis to other Calamos Opportunistic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Please note, there is a significant difference between Calamos Opportunistic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calamos Opportunistic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calamos Opportunistic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.